Dell results disappoint Street, shares dive
SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares. Shares in the company, which like rival Hewlett-Packard Co is losing market share to mobile devices such as Apple Inc's iPad, dived more than 11 percent in after hours trade. The world's No. 3 PC maker forecast a 2 to 4 percent revenue gain this fiscal quarter, to $14.7 billion to $15 billion, well short of the $15.4 billion Wall Street had been expecting. ...
SAP to buy Ariba for $4.5B, extending cloud push Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion. Advertisement:
 Prices of Facebook stock since long-awaited IPO Facebook Inc. began trading publicly on Friday following one of the most anticipated stock offerings in history. The initial public offering of stock priced at $38 on Thursday. It was at the top end of a projected range that Facebook had already increased just days earlier. Avago Technologies 2Q profit falls slightly Communications equipment maker Avago Technologies Ltd. said Monday that its fiscal second-quarter profit fell slightly as rising costs offset grains from higher revenue. Watch: Grad Gadget Gift Guide Speakers, Apple TV, Tablets: Great graduation gift ideas for tech-savvy grads.
 
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